On the one hand we have Glorieux reporting that the CEO said they will not let Zen go for less than it's full value or something to that effect. On the other hand we have people saying that we'll never see the PEA before a takeout therefore we'll never know what the real value of the company is.

Would a deal being struck without the PEA preclude us getting the greatest value by negating the opportunity for the existance of a bidding scenario, at least publically? It is conceivable that the bidding could take place within the NDA group. All of those interests would obviously be inclined to possess or control the minerals. Yet, it would seem that for the absolute greatest potential yield, that the PEA would be released to all interested parties in order to attain the maximum value for the company that the CEO seems to be promising.